Paytm Q2 Profit Skyrockets Over 10X YoY To ₹225 Cr, Revenue Up 28%
Indian fintech major Paytm demonstrated strong financial performance in its September quarter, with profit jumping significantly from ₹21 Cr in the same period last year. The company's total income, including other earnings, reached ₹2,830 Cr, while operating expenses rose 23% YoY. This marks a recovery trajectory for the company.
Key points
- Q2 profit surged 10.7x YoY to ₹225 Cr
- Operating revenue up 28% YoY to ₹2,648 Cr
- Total income reached ₹2,830 Cr including other income
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